In what ways can hoodies be disposed of? Explain the transaction records along with the outline for each route
Answers
Answer:
Hoodies as personal assets can be disposed of in these three ways: trade-in as scrap, de-recognition, outright sale.
The transaction records for each disposal method include removing the cost of the asset from the fixed assets register and its accumulated depreciation, recording the disposal receipts, and computing the profit or loss from the disposal if any..
Thus, for the disposal of hoodies (personal assets), the transaction records remove the cost and accumulated depreciation from the accounts, record the disposal receipts, and compute the profit or loss.,
Explanation: hope it helps
Answer:
Sweatshirts as personal property can be disposed of in the following three ways: counter account, removal from records, and direct sale.
Explanation:
Sweatshirts as personal property can be disposed of in the following three ways: counter account, removal from records, and direct sale.
Transaction records for each method of disposal include removing the asset's cost from the fixed asset record and its depreciation, recording the proceeds from the sale, and calculating the gain or loss on disposal if any.
Thus, in the case of the disposal of hoodies (personal property), the transaction records remove costs and depreciation from the accounts, record the income from the sale and calculate the profit or loss.
Hold a garage sale and donate the proceeds. ...
Support directly those who need it. ...
Donate clothes to sellers and get a discount. ...
Find local organizations. ...
Save it. ...
Swap clothes with friends and family. ...
Textile recycling. ...
DIY it into something new.
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